Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: shades who wrote (62908)	4/27/2005 10:04:13 PM
From: Slagle	Read Replies (2) \| Respond to of 74559

Shades, Re: VLCCF I would feel a whole lot safer holding VLCCF than CSCO, DELL, AMAT ect. BECAUSE of that big divvy, for one thing. That divvy is real money and they have a history of raising the divvy along with their reported earnings so I KNOW that at least that part of the earnings are real and not just some clever abstraction. Take CSCO for example, they have never ever paid a shareholder one red cent, so how do you know they are honestly reporting their earnings? The risk with VLCCF is the service life of the ships, a possible drop in day rates or an accident at sea. I don't think VLCCF is a Enron....but CSCO could be. With these stocks I think the main thing is just to wait. Sooner or later there will be a big sell off/ real bear market and then you will be able to buy these stocks cheaper. Stocks and the market in general is just too high now to hold through what is sure to be an economic slowdown or at least I think there will be a slowdown. I just don't see anything working now. Last year oil/ natural resource ect. was hot but that has all peaked out, or so it seems. Big pharma may stop going down but little reason to go up much. The big banks already had a big run in 2003/2004. The manufacturing economy is slow. Intrest rates are rising. But what do I know? Slagle